Wake up America, and smell the gas

"The first results of the survey indicate previous assessments have severely underestimated Turkmenistan's gas reserves. The BP Statistical Review of World Energy, an industry bible, sets the country's reserves at 2.67 trillion cubic meters. Analysts expect that to be upgraded in light of the information on South Yolotan.

The findings suggest Turkmenistan should be able to confidently move ahead with plans to boost its exports of gas. At the moment, it sells most of its gas to Russia -- about 50 billion cubic meters a year, which is mostly resold to Ukraine -- and a little to Iran. But it has plans to export to China and Europe too, as well as significantly boost sales to Russia. China is building a pipeline from Turkmenistan that will have the capacity to bring 30 billion cubic meters a year, and Ashgabad has also agreed to sell 10 billion cubic meters to Europe. The European Union hopes that a gas pipeline will one day be built across the Caspian Sea, which would enable direct imports of Turkmen gas, bypassing Russia." WSJ, Oct. 16, 2009

Now that the fifth largest natural gas field in the world has been found in Turkmenistan, let‘s review what Governor Palin of Alaska, which has the mother load of energy resources for the USA, told Charlie Gibson about our relationship with Putin and former Soviet republics like the Ukraine. You didn’t see this part of the interview because ABC which is in the tank for Obama was trying to make her look like a beauty queen ingénue.

GIBSON: And under the NATO treaty, wouldn’t we then have to go to war if Russia went into Georgia?

PALIN: Perhaps so. I mean, that is the agreement when you are a NATO ally, is if another country is attacked, you’re going to be expected to be called upon and help.
But NATO, I think, should include Ukraine, definitely, at this point and I think that we need to — especially with new leadership coming in on January 20, being sworn on, on either ticket, we have got to make sure that we strengthen our allies, our ties with each one of those NATO members.

We have got to make sure that that is the group that can be counted upon to defend one another in a very dangerous world today.

GIBSON: And you think it would be worth it to the United States, Georgia is worth it to the United States to go to war if Russia were to invade.

PALIN: What I think is that smaller democratic countries that are invaded by a larger power is something for us to be vigilant against. We have got to be cognizant of what the consequences are if a larger power is able to take over smaller democratic countries.

And we have got to be vigilant. We have got to show the support, in this case, for Georgia. The support that we can show is economic sanctions perhaps against Russia, if this is what it leads to.

It doesn’t have to lead to war and it doesn’t have to lead, as I said, to a Cold War, but economic sanctions, diplomatic pressure, again, counting on our allies to help us do that in this mission of keeping our eye on Russia and Putin and some of his desire to control and to control much more than smaller democratic countries.

His mission, if it is to control energy supplies, also, coming from and through Russia, that’s a dangerous position for our world to be in, if we were to allow that to happen.